depreciation on fixed asset( except land)a/c .....Dr T

What is the entry for deprecation?

Question Posted / sandeep arora

Answer Posted / sandeep arora

depreciation on fixed asset( except land)a/c .....Dr

To fixed asset ( except land)a/c .....

and such dep. will be debited to profit & loss A/C

Is This Answer Correct ?

2 Yes

0 No

Please Help Members By Posting Answers For Below Questions

What is Basel I?

1245

What do you understand by mobile banking?

1194

By which mean rbi did the off-site surveillance?

1047

you are placed a high NPA Branch , how you control the situation.

2197

What is Plastic Money?

1076

Walk me through the major line items on a Cash Flow statement.

1070

what is the short cut to select the credit note voucher in Tally ERP 9?

1131

Explain different types of insurance policies.

1059

What is micro financing?

1061

Do you know what the different sources of government income are?

1125

What is 'overdraft facility'?

1149

What is time liability?

1041

What will you find in P&L Account?

1063

What are some of the roles of NABARD and IRDA?

1195

Is California Chapter 13 Bankruptcy (reorganization) Right For Me?

1032